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B.C. cities score high for financial transparency

Vancouver has placed 26th in a ranking of the Canada’s most financially transparent cities in the 2012 fiscal year, well behind other B.C. municipalities.

In a report issued Monday by the Frontier Centre for Public Policy, Abbotsford, Kelowna, Richmond and Surrey were tied for fourth out of 100 cities by the Regina-based think tank.

“Many cities have scored very highly by providing generously informative reporting, though a few cities still only provide minimal detail and have seen their rankings fall this year,” the organization said.

Abbotsford was the biggest mover among the top-ranked cities, jumping from 38th in the 2011 fiscal year. Kelowna, however, dropped from first place overall in 2010.